At a Glance
Average Property Price - LA5
£284,045
38
National percentile
Average Monthly Rent - LA
£795
20
National percentile
Average Net Household Income - LA5
£34,385
28
National percentile
Flat / Maisonette Yield - LA
4.8%
17
National percentile
10-Year Annualised Price Growth - LA5
2.2%
12
National percentile
10-Year Annualised Rent Growth - LA
3.2%
10
National percentile
Property Price & Volume Trends
The average property price in LA5 is £284,000, placing it below the national average. Over the past decade, prices have grown at 2.2% annually—among the slowest nationally. Transaction activity has declined; the district recorded 240 sales in the latest full year, below its 10-year average of 309.
Rent & Yield Trends
Average monthly rent in the broader LA postcode is £795, well below the national average. Rental growth over ten years has been 3.2% annually, which is notably slower than the national pace. The flat yield currently stands at 4.8%, up from a 10-year average of 4.2%, reflecting gradual improvement in rental returns.
Income & Affordability Trends
Average household income of £34,385 is below the national average. The price-to-income ratio of 8.3x has worsened since 2016 (then 7.7x), indicating that purchasing power has declined relative to property values. Rental affordability has improved slightly; the rent-to-income ratio is now 23.3%, down from 23.7% in 2016.
Resident Demographic Profile
The population is notably older than average, with over 29% aged 65 and above compared to 19.6% nationally, and only 7.5% aged 16–24 against a national 11%. Housing tenure is heavily weighted towards outright ownership at 51%, nearly 1.5 times the national average, whilst private renting is low at 13%. The workforce skews towards trades and skilled manual work at 13.8%, while professional employment at 18.9% is slightly below average.